Federal Reserve's First Monetary Policy Report for 1979: Hearings Before the Committee on Banking, Housing, and Urban Affairs, United States Senate, Ninety-sixth Congress, First Session ... February 20 and 23, 1979

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Page 21The budget for fiscal year 1980 has a $29 billion deficit, with spending at $532 billion. It seems that the only way spending is likely to go is up. That may happen
to the supplemental appropriations. Receipts may also fall short of the targeted ...

Page 22The President's budget in fiscal year 1980 projects a 7 .7-percent increase in
outlays over 197 9 and a $29 billion deficit. Some have questioned whether this
budget is tight enough to convince the private sector that the Government is ...

Page 62The trade deficit in 1978 was $34 billion, slightly larger than in 1977. But the
deficit peaked at an annual rate of $45 billion in the first quarter of 1978, and
developments in both exports and imports contributed to a narrowing of the
imbalance to ...

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Federal Reserve's First Monetary Policy Report for 1979: Hearings Before the Committee on Banking, Housing, and Urban Affairs, United States Senate, Ninety-sixth Congress, First Session ... February 20 and 23, 1979